reaction paper

The topic I choose to react on is the concept of CSR. The topic explains what exactly Corporate Social Responsibility is. It explains that in applying Corporate Social Responsibility it focuses the importance of keeping or looking out for the best interests not just for the shareholders but the whole society as well. The company’s business operations must take in consideration of the interests of the stakeholders. The report also tackles why the need for the CSR arises, its impact and benefits to the company itself and to the society, its core characteristics, the ISO standards- what it is for, the pyramid of CSR namely: economic responsibility, legal responsibility, ethical responsibility and philanthropic responsibility and the arguments that arises in applying CSR. Issues about the actions of companies regarding how they abuse the use of natural resources in their conduct of their operations, how they overlook the employee’s interests and don’t take into considerations the customer’s wellbeing in their products just to earn their money is very prevalent nowadays. Hence, the concept of corporate social responsibility arises and become important aspect in conducting business.
I think that it is only fair for companies to help contribute in the society. I mean God provide us everything that is necessary for us to live. It is only fair that we conserve it. Companies used the resources around them for their benefit; it is only fair for them to give something back from their part to the society. Imagine life in earth 20 years later, if companies do nothing to preserve the environment. Companies uncaringly make harmful products, improper waste disposal, companies cruelly use animals as test subject, improper treatment to employees, no philanthropic acts, charitable contributions, nothing, nada. We’ll never know, maybe sometime in the future it will bounce back to us and come back bite us or haunt us. And its not like the companies will not benefit from helping the